Lackluster long-term edible-oil profitability prospects cap our enthusiasm for Wilmar’s renaissance.
We are transferring coverage of Wilmar, with a no-moat rating, stable moat trend, and a fair value estimate of SGD 3.28 per share. We have a medium uncertainty rating on Wilmar given its integrated operations and well diversified businesses. Wilmar’s cumulative nine months 2017 net profit of USD 792 million was 92% higher year over year mainly due to the absence of trading loss incurred a year ago. Nonetheless, the results were below market expectation due to disappointing performance from the t...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.